an den Betreiber einer Mine
Sirius Minerals is up after it signed an additional binding take or pay offtake agreement for polyhalite from the York Potash Project in North Yorkshire. Richland Resources is also up after it said it has started work on the refurbishment of its Sapphire project in Queensland, Australia. Orosur Mining is another gainer after it swung into profit in its last financial year, on the back of significantly lower impairment costs compared with a year earlier. Nyota Minerals is up after KEFI Minerals unveiled an updated mineral resource report on the Tulu Kapi gold deposit in Ethiopia. Nyota Minerals has a 10.3% stake in KEFI Minerals, and a 25% stake in KEFI Minerals (Ethiopa) WKN: A0LGJ7
ISIN: GB00B1HNYB75 which owns the whole of the Tulu Kapi project. Nyota is preparing for a shareholder vote on selling its remaining stake in the operator of the project to KEFI Minerals. Kea Petrolium has lost more than half its value after it said that its Puka-3 well is being plugged and abandoned. LiDCO Group is also down heavily after it warned its revenue is expected to drop to GBP3.7 million in the half year to end-July, from GBP4.2 million a year earlier, due to some de-stocking in the UK and a lack of sales to its distributor in Japan. Red24 is another faller after it warned its pretax profit in the current financial year will take a big hit from the decision by a key customer to review their product range in the UK. The group said the decision will cost it about GBP500,000 in revenue and about GBP250,000 in pretax profit.
http://www.lse.co.uk/...IEFING_Rio_Tinto_Mulls_Options_For_Mine_Stake -----------
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